United Airlines share prices PLUMMETED while you were sleeping

It turns out that not only was this a terrible moral decision, it was bad business as well.

By now you’ve all seen the horrific incident on the United Airlines flight over the weekend where a doctor was literally dragged kicking and screaming off the flight because the airline was stupid/greedy enough to overbook it.

This led to a whole bunch of very justified rage on the Internet, and now we’re learning that it also led to a huge drop in the company’s share prices.

Whether due to principled objections or the awful PR, people have been putting their money where their mouths are and dumping their United shares en masse.

At one point overnight, their value dropped some $800 million AUD (strangely enough, $800 was the offer United offered the doctor to get off the plane – in hindsight, they probably could have bumped that up a bit).